Bitcoin Intraday: the upside prevails as long as 57310 is support
Sep 12, 2024 4:05 AM
the upside prevails as long as 57310 is support.
Our pivot point stands at 57310.
Our preference:
the upside prevails as long as 57310 is support.
Alternative scenario:
below 57310, expect 56110 and 55400.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 57691 and 57071).
Supports and resistances:
61840 **
61120 *
60410 **
59690
58266 last
57780
57310 **
56110 *
55400 **
Our preference:
the upside prevails as long as 57310 is support.
Alternative scenario:
below 57310, expect 56110 and 55400.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 57691 and 57071).
Supports and resistances:
61840 **
61120 *
60410 **
59690
58266 last
57780
57310 **
56110 *
55400 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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